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Crypto.com Coin, Monero, Hedera Hashgraph Price Analysis: 11 April

Crypto.com Coin faced selling pressure at $0.23 but also had support in the $0.19-$0.2 region. Monero was in a strong uptrend and could break past $300, while Hedera Hashgraph would need to flip $0.4 to support to sway market participants’ sentiment toward bullish. Crypto.com Coin [CRO] The daily timeframe was chosen to show where CRO […]

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Cardano, Bitcoin SV, Compound Price Analysis: 11 April

Cardano saw a trend of falling trade volume that showed a market possibly in a phase of distribution. However, in this bull market, another leg upward can not be discounted. Bitcoin SV formed a bearish divergence and Compound saw demand rise at the $440 area. At the time of writing Bitcoin was trading at $59,656 […]

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Where are these altcoins headed ETH, DOT, ADA, UNI?

Based on price action in March and the first 10 days of April, a trend has emerged on the price charts of ETH, DOT, ADA, UNI. Among others, these altcoins have witnessed a fair share of price rallies and consolidation over the past month. In the case of ETH, after outperforming Bitcoin consistently throughout March, […]

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Uniswap, EOS, Dash Price Analysis: 11 April

Uniswap projected rangebound movement with a chance of a breakdown below $29.16-support. EOS looked to test $7.06 resistance once again but a breakout was not yet expected. Even though Dash moved within an ascending channel, it could see gains till the upper ceiling of $333.9 before a correction takes place. Uniswap [UNI] At the time […]

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CryptoPunks NFTs Get $6M in Bids From a Single Account

NFTs are here to stay. CryptoArt is hotter than ever.CryptoPunks keep breaking records. As Christie’s auction approaches, the demand for the original NFTs rises. Today, an anonymous and recently created account placed bids worth 3,034 ETH for 16 CryptoPunks. At the current price, that’s $6,309,476.33. This fact makes the story even more interesting: so far, none of the bids have been accepted. Widely regarded as the original NFTs, the CryptoPunks contract was created on June 22nd, 2017. The project consists of 10.000 units. Each one is a 24×24 pixels, 8-bit image. The creators describe them as: “distinctly digital work, comprising…

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Polkadot, Dogecoin, Chiliz Price Analysis: 11 April

Polkadot broke below an ascending channel and headed towards the $39.9 support. Dogecoin made yet another peak above $0.067 and there was a chance of a breakout over the coming sessions. Lastly, Chiliz showed rangebound movement and was expected to remain within a fixed channel over the short term. Polkadot [DOT] After forming two peaks […]

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China expands testing of digital yuan this month

China has been leading in terms of the development of its Digital Currency Electronic Payment [DCEP] or commonly known as, Digital Yuan and the country has already been carrying out different levels of testing. According to recent reports, it is now kicking off another round of testing from 10 April to 23 April. This round […]

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Binance Coin Price Analysis: 11 April

The Binance Coin market has been moving to new highs and as the market once again sees a sudden rally. BNB has grown more than 1000% since the beginning of the year from a mere $39 to $508. At the time of writing, BNB had retraced from its all-time high and was being traded at […]

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Binance Coin, Decred, Tron Price Analysis: 11 April

Binance Coin chewed up all the technical targets presented to it recently as it posted a high at $487 before receding slightly. Decred looked to be forming a rising wedge pattern, and Tron signaled it could be ready for its move past $0.12 once more. Binance Coin [BNB] Binance Coin had formed bearish twin peaks […]

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Ethereum, VeChain, Synthetix Price Analysis: 11 April

Ethereum showed a bearish divergence and dropped below $2100 but found good demand. VeChain could continue to climb higher after a pullback to $0.121-$0.13, and Synthetix tested $20 as resistance and was moving toward $17.95. Ethereum [ETH] ETH was trading above the area of demand at $2040 and faced resistance at the $2150 mark. It […]

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Judge dismisses SEC’s request to furnish Ripple execs Garglinghouse and Larsen’s financial records

Magistrate Judge Sarah Netburn granted Ripple’s motion to keep the records of its current and former chief executives private.  The SEC had requested the personal financial records of the past eight years of Brad Garlinghouse and Chris Larsen, Ripple’s current and former chief executives. However, in the recent ruling, Netburn ruled that the revelation of […]

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Litecoin, Elrond, Dash Price Analysis: 10 April

Litecoin needed stronger cues to climb above $244.2 resistance, but its long-term prediction was still bullish. Elrond could break down from an ascending channel after touching $210, while Dash’s bearish indicators could hinder its attempt to rise above $291.4-resistance. Litecoin [LTC] While Litecoin did flip $228.9 to a region of support, the bears looked to […]

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Tron, Algorand, Hedera Hashgraph Price Analysis: 10 April

Tron’s breakout from an ascending triangle was limited at the $0.12 resistance. Algorand’s bearish technicals were tipped to outweigh bullish cues from the broader market, while Hedera Hashgraph was projected to trade sideways over the coming sessions. Meanwhile, Bitcoin was trading at $60,309 with a market capitalization of $1.1 trillion. Tron [TRX] On the 4-hour […]

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Bitcoin Cash Price Analysis: 10 April

The correlation between Bitcoin and Bitcoin Cash stood strong at 0.729, showing a positive correlation between the prices of the two (denominated in USD). Bitcoin Cash saw some bullish news in recent weeks when it was announced that merchants that have integrated PayPal will be able to accept payments in BCH. Bitcoin Cash 12-hour chart […]

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Chainlink, Aave, Decred Price Analysis: 10 April

Chainlink moved within an ascending channel but a breakdown did not seem likely at least in the short term. Aave remained below its 200-SMA, while Decred was expected to break south from its ascending channel after touching $200. Chainlink [LINK] Chainlink’s current price was at a crossroads on the 4-hour chart. On one end, a […]

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Polkadot, VeChain, SushiSwap Price Analysis: 10 April

Polkadot could soon flip the $42 level to support and continue northward. VeChain was also in a strong uptrend targeting $0.152, and SushiSwap was trending downward but could show some price compression between $14.4-$15 before a strong momentum move outside that area. Polkadot [DOT] Polkadot was trading above the $42 level once more. It has […]

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Has the rally ended for altcoins like LINK, ADA, and NPXS?

With most altcoins rallying at the current point in the market cycle where Bitcoin is making a comeback, there are a few altcoins that may have ended their price rally. Among these, LINK ranks in the top 10 cryptocurrencies based on market capitalization. LINK’s oracles may have filled the void left from the removal of […]

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XRP Price Analysis: 10 April

News of former Ripple executives dumping XRP in the market, or developments in the SEC’s lawsuit against Ripple, has hit the market at regular intervals, and yet the price has been surging in the past few weeks. This pointed toward a strong bullish market sentiment, and buyers are likely to drive prices higher, with some […]

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Uniswap, Monero, Ethereum Classic Price Analysis: 10 April

Uniswap could dip back towards $26.2 support if the price is unable to flip the $32-resistance. Monero’s bullish movement was confined within an ascending triangle and a breakdown was still likely over the long term. Finally, Ethereum Classic was projected to go against the norm and break below its symmetrical triangle. Uniswap [UNI] Uniswap formed […]

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How altcoins COMP, MKR, and AAVE helped the DeFi comeback

The recovery for the altcoin market was quick, and in the case of DeFi’s top tokens, it was even quicker. The market capitalization is currently above the $2 trillion level and the target is to recover the lost market cap, from over the past few weeks. DeFi’s TVL has recovered from the initial drop based […]

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